Baidu (BIDU) – The company’s iQiyi is aiming for a US initial public offering as soon as 2018, that could value the Chinese Netflix (NFLX) style streaming service at over USD 8bln. (Newswires)

Tesla (TSLA) – Morgan Stanley says that the company’s on road vehicles is set to triple by the end of 2019. (Newswires)

T-Mobile (TMUS) – Jefferies says that the company shares could be worth over USD 90. (Newswires)

OTHER NEWS

Alibaba (BABA) – The company announced that they have agreed to take majority stake in Cainiao Network, they also intend to invest USD 15.1bln over the next 5 years to further strengthen its global logistics network that aims to fulfil orders in China within 24 hours and within 72 hours for the rest of the world. (Newswires)

Alnylam Pharmaceuticals (ALNY) – The company announces it has initiated Phase 2 cemdisiran study in patients with aHUS. (Newswires)

AXIS (AXS) – The company are to acquire shares of Novae Group. (Newswires)

Axovant (AXON) – The company’s phase 3 Alzheimer’s study misses co-primary endpoints. Further for the company, they say the Headway Trial results are on track for the end of the year. (Newswires)